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Enact regulatory framework to tap the potential of space launch market

India's satellite launch programme has attracted global attention, but it is still a long way to go

Satellite launch
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Satellite launch

Zakir MerchantAayush Misra
The Indian Space Research Organisation (ISRO) has recently set a record by launching 104 satellites into space pursuant to a single attempt. This launch includes 101 satellites belonging to international players. Antrix Corporation Limited (Antrix), ISRO’s commercial arm, has played a pivotal role towards achieving this goal. With over 200 satellite launches to its credit (majority of them being foreign owned) and with Rs 6 billion worth launches in the pipeline (as per industry estimates), ISRO is steadily becoming the preferred launch service provider for international circuits. 

The space launch market is a multibillion-dollar industry and holds potential for immense growth